Trump Financial Disclosure Reveals Massive Big Tech Trading Activity Worth Up to $750 Million

A newly released ethics disclosure has shed light on the enormous scale of stock trading connected to US President Donald Trump, revealing that more than 3,600 transactions worth between $220 million (€188 million) and $750 million (€641 million) were carried out during the first quarter of 2026.

The disclosure, filed Thursday with the US Office of Government Ethics through two OGE Form 278-T reports, provided an unusually detailed glimpse into the trading activity associated with the president’s investment portfolio between January and the end of March 2026.

Because federal ethics rules require only broad valuation ranges rather than exact figures, the precise value of the transactions remains unclear. However, the filings indicate that the total volume of buying and selling activity reached hundreds of millions of dollars.

While sitting US presidents are permitted to trade in financial markets, they are required to publicly disclose their transactions. No allegations or proven evidence of insider trading have emerged from the filings, though the revelations are expected to intensify ethical concerns and fuel growing calls in Washington for stricter limits on stock trading by public officials.

The reports do not clarify whether Trump personally directed the transactions. His business empire and assets are currently managed by his sons, Donald Trump Jr. and Eric Trump, although some of the filings also reference broker involvement.

The disclosures show major investments in some of Wall Street’s largest technology companies, with a strong emphasis on firms tied to artificial intelligence.

According to the filings, purchases of shares in companies including NVIDIA, Microsoft, Broadcom, Amazon and Apple ranged between $1 million (€856,000) and $5 million (€4.27 million) per transaction in disclosed value.

Additional purchases involving Advanced Micro Devices, Intel, Goldman Sachs, Alphabet, Airbnb, DoorDash, Micron Technology and Bloom Energy were disclosed in the range of $500,000 (€427,500) to $1 million (€856,000).

The president also reported hundreds of stock sales, with transaction values ranging from $15,000 (€12,825) to as much as $25 million (€21.37 million).

Based on the filing and assuming the holdings have remained largely unchanged since the end of March, the portfolio appears to have generated substantial gains. The report suggests Trump is currently sitting on profits of at least 20% in nearly all of the disclosed positions.

Some investments have reportedly produced gains exceeding 100%, particularly holdings in Advanced Micro Devices, Intel, Iridium Communications, Bloom Energy, Intuitive Machines, Marvell Technology, Penguin Solutions, SanDisk, Seagate Technology and Vishay Intertechnology.

The timing of many of the purchases indicates that large amounts of stock were bought during the sharp market decline in March triggered by the outbreak of the Iran war. During that period, the S&P 500 fell more than 8% before bottoming near the end of the month, only to rebound roughly 19% afterward and climb back to record highs.

The disclosures arrive as momentum continues to build in Washington behind bipartisan efforts to restrict or ban stock trading by elected officials and senior government leaders.

One of the most prominent proposals currently under consideration is the “Restore Trust in Congress Act,” a bipartisan bill introduced in September 2025 by Republican Representative Chip Roy and Democratic Representative Seth Magaziner.

The legislation would prohibit members of Congress, along with their spouses and dependent children, from owning or trading individual stocks and other covered investments.

A companion version of the bill was introduced in the Senate in January 2026 by Republican Senator Ashley Moody and Democratic Senator Kirsten Gillibrand.

According to the bill’s sponsors, the House version has already gained support from more than 120 co-sponsors. Meanwhile, Republican Representative Anna Paulina Luna has launched a discharge petition designed to force the measure onto the House floor even if congressional leadership declines to advance it.

At the same time, lawmakers continue to debate whether any eventual trading ban should also apply to the president and vice president.

Several Democratic-backed proposals seek to extend the restrictions to the executive branch as well, partly due to concerns surrounding Trump’s financial activities and trading disclosures.

In the Senate, a version of the ETHICS Act moved through committee during 2025. The proposal would bar stock trading by members of Congress, the president and the vice president, though political compromises and carve-outs have complicated its path toward becoming law.

Despite broad public support for tougher ethics rules, lawmakers remain divided over key details. Republicans and Democrats continue to disagree on whether officials should be required to fully divest existing investments or merely stop purchasing new stocks.

There is also ongoing disagreement over whether spouses and family members should be included under the restrictions and whether such rules should apply directly to the president.

Although several proposals have advanced through committees or gathered enough backing to potentially reach the House floor, no comprehensive federal ban on stock trading by public officials has yet been enacted into law.

By fLEXI tEAM